The North Gauteng High Court in Pretoria has this week granted the government's application to place the South African Post Office in business rescue.

This move puts a halt to ongoing liquidation proceedings and paves the way for a R2.4 billion taxpayer bailout.

The state made business rescue a condition for providing further bailouts to avoid messy liquidations.
The process is most likely to come with significant job cuts.

SAPO is just one case of the ongoing crisis faced by the country's SOEs.

Just this week, media reports following a leaked document revealed that the SABC may be also facing business rescue.

The Chair of Social Security Systems Administration and Management Studies at the University of the Witwatersrand, Professor Alex van den Heever, joins us virtually to chat about this.

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